"It's worth bearing in mind that insurance not only covers you from
burglary but also for all the other household mishaps like damage
caused by bath and shower leaks, which are extremely common and can
damage serious amounts of property. Let's also not forget storm
damage and floods where claims can cost many thousands of
pounds."

Chief among the reasons cited by renters for not opting for a home
insurance policy was the perceived high cost, which was the excuse
given by 30 per cent of respondents.

This was followed by not having enough possessions to make it
worthwhile, which was cited by 11 per cent.

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